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[Changpeng Zhao Denies Allegations of Binance Using Stablecoin Deposits to Transfer Benefits to the Trump Family] Cryptocurrency researcher FatMan posted on the X platform, claiming that Binance deposited $2 billion into stablecoins issued by WLFI, generating annual interest of $80 million to $87 million. Since the Trump family is entitled to approximately 60% of WLFI's profits, FatMan speculated that Binance would need to pay the Trump family $48 million to $52 million in interest annually, describing this as an 'open wealth transfer.' In response, Changpeng Zhao shared comments from crypto lawyer Teresa Goody Guillén, emphasizing that holding or using an asset does not equate to investing in its issuer, refuting the logic behind the allegations. Additionally, Changpeng Zhao stated that Binance has converted many of the stablecoins it received, asserting that the accusations lack basis.

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Today 2025-10-24
13:02

In the live broadcast of Three Kingdoms College: CPI is coming, the market first rises and then falls. Can BTC break through the 120000 mark?

12:30

BTC breaks through the $112000 mark

12:30

ETH breaks through the $4000 mark

10:33

BTC main force movement: Large selling orders continue to be suppressed, alert to short-term pullback risks

10:02

The main force lacks confidence in the future market